Stock Market Update
01-Jul-26 09:18 ET
Futures point to lower open as semiconductors retreat, Meta sharply higher
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -17.00. Nasdaq futures vs fair value: -190.00.
The stock market remains on track for a lower open this morning, as semiconductor names retreat in the premarket after two solid sessions to start the week.
Elsewhere in the tech space, Meta Platforms (META 605.50, +43.21, +7.7%) is sharply higher after Bloomberg reported that the company is building a cloud business to sell access to artificial-intelligence compute.
